365-2000 RDA
RESOLUTION NUMBER
365-2000
A RESOLUTION OF THE CHAIRMAN AND
MEMBERS OF THE MIAMI BEACH
REDEVELOPMENT AGENCY AUTHORIZING
SIGNATORIES TO EXECUTE VOUCHERS DRAWING
FUNDS IN THE MIAMI BEACH REDEVELOPMENT
AGENCY BANK ACCOUNTS AT NATIONSBANK.
WHEREAS, the Miami Beach Redevelopment Agency has established two accounts at
NationsBank; and
WHEREAS, the Chairman and Members of the Miami Beach Redevelopment Agency
wish to designate signatories who may execute vouchers in order to draw funds for the benefit of
the Agency.
NOW, THEREFORE, BE IT RESOLVED by the Chairman and Members of the Miami
Beach Redevelopment Agency:
Section 1.
Section 2.
Section 3.
That any two of the following specified individuals may execute an official, duly
prepared voucher upon funds in any of the two specified accounts described in
Section 2 below on deposit at NationsBank:
a. Jorge Gonzalez, Executive Director; and/or
b. Christina M, Cuervo, Assistant Director; and/or
c, Mayra Diaz Buttacavoli, Assistant Director; and/or
d, Patricia D. Walker, Finance Director.
That the following two accounts are those established at Bank of America upon
which any two ofthe above specified individuals may withdraw funds:
I. South Pointe Redevelopment Checking Account,
No. 90-02-0000-23.
ii. City Center/Historic Convention Village Checking Account,
No. 46-01-0080-50,
That Bank of America is hereby authorized and requested to accept, honor and pay
without further inquiry, and until delivery to it of written notice of any amendment
of the authority hereby granted, all checks and other orders for the payment or
withdrawal of money deposited with Bank of America in the name of the Miami
Beach Redevelopment Agency, including checks drawn to the individual order of
the officers so signing and including also all such instruments payable or endorsed
to the order for the Miami Beach Redevelopment Agency, when such checks or
other orders for money shall be signed or endorsed in the name of the Miami Beach
Redevelopment Agency by its officers above named,
Section 4,
Funds contained in the two Miami Beach Redevelopment Agency checking
accounts will sweep on a daily basis to an overnight repurchase agreement for the
purpose of maximizing earnings of excess funds of the Agency.
Section 5,
That the above individuals shall execute a signature page concerning the accounts,
attached hereto as Exhibit" A".
Section 6.
That should the Agency decide to amend this Resolution by providing for one or
more different individuals than those named above to act in the capacity of
signatory, a Resolution to that effect with an appropriate signature page shall be
filed with Bank of America. '
Section 7.
That any and alIlegislation in conflict herewith be hereby repealed.
Section 8,
This Resolution shall become effective immediately upon its adoption,
PASSED AND ADOPTED THIS 13th DAY OF
September, 2000.
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ATTEST:
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Secretary
APPROVED AS TO
FORM & LANGUAGE
& FOREXfCunON
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Iled....opo-.t Aoe"'Y
General Counsel
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Exhibit A
BANK OF AMERICA
Accounts:
A. South Pointe Redevelopment Checking Account,
No. 90-02-0000-23.
B. City CenterlHistoric Convention Village Checking Account,
No. 46-01-0080-50.
Shall be upon official vouchers duly prepared and bearing any two signature as follows:
J~~al~~or
~Jt-i.{i~t Director
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Mayra Diaz Buttacavoli, Assistant Director
tu-
Patrica D. Walker, Finance Director
Miami Beach
Redevelopment Agency
1700 Convention Center Drive
Miami Beach, Florida 33139
Telephone: (305) 673- 7295
Fax: (305) 673- 7772
REDEVELOPMENT AGENCY MEMORANDUM NO. 00- S ~
September 13, 2000
TO:
Chairman and Members of the
Miami Bt:ach Redevelopment Agency
FROM:
Jorge Gonzalez \~~
Executive Director cf ()
SUBJECT:
A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI
BEACH REDEVELOPMENT AGENCY AUTHORIZING SIGNATORIES TO
EXECUTE VOUCHERS DRAWING FUNDS IN THE MIAMI BEACH
REDEVELOPMENT AGENCY BANK ACCOUNTS AT NATIONS BANK.
ADMINISTRATION RECOMMENDATION:
Adopt the Resolution.
ANALYSIS
The Resolution authorizing the signing of vouchers drawn on funds and the overnight investment
of funds in the Bank of America accounts for South Pointe and City Center/Historic Convention
Village tax increment districts of the Miami Beach Redevelopment Agency is periodically updated,
as required.
Whenever there are changes of officers of the Miami Beach Redevelopment Agency, who are also
authorized signatories on the accounts, it is necessary to recognize these changes by Resolution.
A new Resolution authorizing appropriate signatures should be executed by the Chairman and
Secretary at this time to provide operating and signature continuity on these accounts.
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Attachments
Agenda Item 36
9-l3-00
Date
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